What is Sky Labs?
Founded in 2015 and based in South Korea, Sky Labs specializes in big data-based preventative healthcare. The company's flagship product, CART, is a wearable ring device designed to detect Atrial Fibrillation (AF) with remarkable 98% accuracy, leveraging a proprietary algorithm. This innovative approach to early detection aims to mitigate the risks associated with cardiovascular events, positioning Sky Labs as a key player in the digital health and medtech sectors.
How much funding has Sky Labs raised?
Sky Labs has raised a total of $34.3M across 2 funding rounds:
Series A
$4.3M
Series B
$30M
Series A (2019): $4.3M with participation from TBT
Series B (2021): $30M led by Soo Investment Capital, Moru Asset Management, LB Investment, KB Investment, Atinum Investment, and Korea Investment Partners
Key Investors in Sky Labs
LB Investment
LB Investment is a venture capital firm that invests in transformative technologies, particularly in deep-tech, healthcare, and digital transformation sectors, aiming to foster groundbreaking innovations.
KB Investment
KB Investment, established in 1990 and headquartered in Seoul, is a venture capital and private equity firm focused on investing in innovative technology, service, and entrepreneurial ventures.
Korea Investment Partners
Korea Investment Partners is a venture capital firm that supports companies with innovative technology and business models, contributing to the growth of the startup ecosystem in South Korea.
What's next for Sky Labs?
With substantial enterprise-level backing, Sky Labs is poised for accelerated growth and market expansion. The company's focus on developing advanced diagnostic tools for preventative healthcare aligns with global trends in personalized medicine and remote patient monitoring. Future endeavors will likely involve scaling production, enhancing algorithm capabilities, and broadening the application of their technology to other cardiac conditions, further solidifying their position in the competitive health tech landscape.
See full Sky Labs company page
